Puerto Rico TAX INCENTIVES ACT 20, ACT 22 AND ACT 60 Back in 2012, Puerto Rico made two special laws, Act 20 and Act 22, to make the island more appealing for wealthy people and businesses. Act 20: Makes Puerto Rico a global service hub, attracting businesses to offer services to non-residents and boost economic growth. Under Act No. 20, investment banking and financial services enjoy significant tax...